Paramount will release the film in North America and Annapurna International will sell the international rights.
Ellison will produce along with Sean Daniel, Linklater, Sandra Adair, John Sloss and Ginger Sledge. Daniel and Jim Jacks partnered with Linklater on his breakout 1993 teen comedy “Dazed and Confused.”
Daniel told Variety that he, Sloss and Linklater had been developing the project for more than a decade along with Daniel’s longtime producing partner Jacks, who died earlier this year.
“It has been Rick’s, Sloss’s and my dream for the last 10 years to bring this to life,” Daniel said. “It is truly exciting to have the great taste of Megan Ellison and her company together with Paramount get behind it. And I have to say that for me, it has been a project that Jim Jacks and I were together on and I will be doing this in his memory.”
“That’s What I’m Talking About” will be the first film for Linklater following his well-received family drama “Boyhood.”
Blake Jenner has been attached to star as a new pitcher on a highly ranked college baseball team that also parties extensively. Tyler Hoechlin, Wyatt Russell, Ryan Guzman, Zoey Deutch, Will Brittain and Glen Powell also star.
Linklater’s script focuses on the off-field activities of team members.
Ellison’s producing credits include “Zero Dark Thirty,” “American Hustle,” “Her” and “Foxcatcher.”
The news was first reported by Deadline.com.